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Yoga Goat Inc. is financed by $7m in common stocks, $1m in preferred stocks, and $2m in debt. Their cost of debt is 6%, cost

Yoga Goat Inc. is financed by $7m in common stocks, $1m in preferred stocks, and $2m in debt. Their cost of debt is 6%, cost of preferred stocks is 4%, and cost of common stocks is 9%. If they are currently paying 20% tax on earnings, what is their weighted average cost of capital?

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